Reporter: Paul Takahashi
The Signorelli Co. has set opening dates for Valley Ranch Town Center, the largest retail project under construction in the Houston area.
The Woodlands-based developer broke ground in April 2014 on the 1.5 million-square-foot mixed-use development, which sits on 240 acres in the north part of Valley Ranch, a 1,400-acre master-planned community north of Kingwood.
Party City’s 12,000-square-foot store is expected to open in early December and Hobby Lobby’s 55,000-square-foot store is expected to open in the first quarter of 2017.
The remainder of the major tenants — Kroger Marketplace’s 123,000-square-foot grocery store and Sam’s Club — are expected to open between October and early 2017, Signorelli said.
Signorelli Co. is also working to add eight restaurants, including Chili’s, Chick-fil-A, El Pollo Loco and Freebirds, and dozens of specialty retailers in Valley Ranch Town Center’s phase one of development.
The major mixed-use and retail destination will likely further home sales in Valley Ranch, Signorelli said. The developer recently delivered 100 home lots to Legend Homes in its newest neighborhood, Azalea District, and is now moving forward on a 125-acre Valley Ranch Medical District.
“The reality of our Town Center gives people a better understanding of how dynamic Valley Ranch is,” Signorelli said. “We’ve already seen an uptick in home sales. Next year will be a record year for us.”
In the end, Valley Ranch will also transform the sleepy northeast Houston suburb into a regional destination, Signorelli said.
“What drives retail is the rooftops,” Signorelli said. “This northeast corridor already had an incredible amount of rooftops, but it was kind of overlooked compared to the northwest and southwest. But we have 175,000 people living here with an average household income pushing $90,000. These are phenomenal numbers. With this kind of population and so few services, it’s a no brainer for these retailers to come to Valley Ranch. It’s a win-win in one of the most dynamic growth areas in all of Houston.”
Read our latest news and insights to keep on top of our latest developments and projects. Make sure to sign up for our newsletter to receive the latest updates straight into your inbox.
June 18, 2019
The Signorelli Company’s New Luxury Apartments are Now Open in Valley Ranch Town Center
The Pointe at Valley Ranch Town Center is Montgomery County’s newest luxury apartment community, featuring waterfront living with nearby shopping and dining at Valley Ranch Town Center. When The Signorelli Company broke ground on the 456-unit property, including 336 within the first phase, the demand for apartments in northeast [...]Read More
March 10, 2019
HomeAid and First America Homes to construct day center in Humble
Article by Houston Chronicle First America Homes, the home-building division of The Signorelli Company, is partnering with HomeAid Houston to construct a 4,224-square-foot day center for families who are coping with crisis situations that have led to homelessness. The Day Center called Promise House is being built for Family Promise of Lake [...]Read More
January 21, 2019
Conroe Courier: Signorelli Company, community helps Salvation Army overcome $70K shortfall
Article by Conroe Couier, Houston Community Newspaper Facing a shortfall after providing Christmas gifts to about 4,630 children and senior citizens, which exceeded the expected 4,500, Salvation Army in Conroe Major Don Wildish said he faced a grim responsibility to revise the 2019 budget and services. One of the programs at risk, he [...]Read More